SCT09 - Multi-Currency Financial Operation
Support for operations across multiple currencies with exchange capabilities, enabling global financial services.Overview
This capability enables your platform to operate across multiple currencies, providing foreign exchange services, multi-currency accounts, and international payment processing.Features
| Feature | Description |
|---|---|
| Multi-Currency Accounts | Hold balances in multiple currencies |
| Foreign Exchange | Real-time currency conversion |
| International Payments | Cross-border payment processing |
| FX Reporting | Currency conversion reporting |
| Exchange Rate Management | Competitive rate sourcing |
Supported Currencies
Major Currencies
- USD, EUR, GBP, JPY, CHF, CAD, AUD, NZD
European Currencies
- SEK, NOK, DKK, PLN, CZK, HUF, RON, BGN
Asian Currencies
- CNY, HKD, SGD, INR, THB, MYR, IDR, PHP
Other Currencies
- AED, SAR, ZAR, BRL, MXN, and 100+ more
Configuration Options
| Level | Currencies | Features |
|---|---|---|
| Basic | Major currencies only (8) | Standard FX rates |
| Standard | Extended (30+) | Competitive rates, FX reporting |
| Advanced | Global (100+) | Real-time FX, rate locking |
Currency Conversion Flow
FX Rate Types
| Type | Description | Use Case |
|---|---|---|
| Spot Rate | Current market rate | Immediate conversions |
| Locked Rate | Fixed rate for period | Large transactions |
| Forward Rate | Future date rate | Planned transfers |
Multi-Currency Account Features
- Single Account, Multiple Currencies: Hold balances in different currencies
- Auto-Conversion: Automatic conversion for payments
- Currency Preference: Default currency settings
- Balance View: Unified or per-currency balance view
Integration with Other Capabilities
| Capability | Integration |
|---|---|
| SCT03 - Country of Operation | Available currencies per country |
| SCT04 - Instant Payment | Cross-currency instant transfers |
| SCT12 - Financial Network | International payment rails |
Subscription Tier Availability
| Tier | Configuration Level |
|---|---|
| Starter | Not included |
| Professional | Standard |
| Enterprise | Advanced |
| Custom | Configurable |